Watchdogs say the spending by outgoing lawmakers raises questions about whether it is an appropriate use of donors’ money.
After announcing plans to leave the House of Representatives, Florida Democrat Robert Wexler went on to spend more than $340,000 of his campaign funds on staff bonuses, airline tickets and other expenses.
Continue reading… “Outgoing Lawmakers Spend Campaign Donor Contributions”
Eight of the 10 largest donors so far to the U.S. presidential campaigns are Wall Street banks, led by Goldman Sachs, according to research on Thursday from a political watchdog group.
Goldman and its executives have pumped $1.7 million into the races, with 70 percent going to Democrats Barack Obama and Hillary Clinton, despite former CEO Henry Paulson’s present job as treasury secretary for the Republican Bush administration.
Continue reading… “Wall Street Paying for this Year’s Super Expensive Campaign”
